Veblen, Thorstein (1857–1929) By Merrill, Trevor
Thorstein Veblen was an American economist, sociologist and social critic. He earned his Ph.D. in philosophy in 1884. After a six-year stint on his family’s farm, he found employment at the University of Chicago, where he remained for fourteen years. He is best known for The Theory of the Leisure Class (1899), his penetrating and idiosyncratic analysis of the upper middle class.